(Gulf Times - 16/02/2018)

America’s fiscal largesse and the spectre of wider current-account shortfalls are fuelling a renewed wave of dollar bashing. Congress’s bipartisan vote last week to increase spending by nearly $300bn over the next two years comes on the heels of a $1.5tn

(Gulf News - 15/02/2018)

The Philippines’ peso has tumbled against the UAE dirham to its lowest level in over a decade, and analysts are predicting that the trend will continue. The Asian currency devalued to 14.19 against the UAE dirham on Wednesday, February 14, its lowest in

(Times of Oman - 13/02/2018)

The regulator of Abu Dhabi's international financial centre said it could create rules for exchanges handling virtual currencies, in a sign that authorities in the United Arab Emirates may allow trade in crypto-currencies such as bitcoin to develop. The

(Gulf News - 12/02/2018)

The latest turbulence in China’s yuan only adds to the complexity of a bruising stretch for global currency markets. Yet for some money managers and strategists, the path forward couldn’t be more simple: a weaker dollar.<br/><br/> For these observers,

(The National - 09/02/2018)

The dollar was off recent lows against major rivals on Thursday, benefiting from the euro’s weakness and higher US yields but capped by concerns about recent equity market volatility.<br/><br/> The euro was slightly higher on the day at $1.2268, not far

(The National - 08/02/2018)

Wall Street’s top currency strategists had the right idea when it came to the euro - they just weren’t right enough.<br/><br/> Foreign-exchange forecasters are headed back to the drawing board less than six weeks into the new year after the euro blew

(Gulf News - 06/02/2018)

Bitcoin prices extended their slide for another session on Monday amid concerns of more regulations in China and India.<br/><br/> Bitcoin prices fell 15 per cent to the day’s low $7,289 (Dh26,772), a level last seen in mid-November.<br/><br/> “The

(Arab News - 05/02/2018)

Sudan’s central bank Sunday announced it will devalue the local currency to 30 Sudanese pounds against the US dollar, the second such move in weeks amid soaring inflation.<br/><br/> The new official exchange rate will go into effect on Monday, the

(The National - 05/02/2018)

The UAE's Securities and Commodities Authority, the country's markets regulator, issued a warning to investors against using initial coin offerings amid a sharp decline in the value of cryptocurrencies over the past week.<br/><br/> The SCA warned

(Gulf Times - 05/02/2018)

Morocco’s new, more flexible hard currency system is a step in the right direction to make the kingdom more attractive to investment and turn it into a financial hub for Africa, a senior IMF official has said.<br/><br/> Morocco recently launched a more

(Gulf News - 04/02/2018)

Gold may be heading for the biggest weekly loss since December, but bulls are keeping the faith, confident that the dollar’s biggest advance in more than a year won’t last.<br/><br/> The greenback jumped as much as 1 per cent after stronger-than-expected